The building of the three reservoirs in the Upper Worth Valley (Watersheddles,
Ponden and
Lower Laithe), was so that the Keighley area could have a supply of fresh drinking water, and also in response to several droughts in the 1860s. These droughts forced residents in the Upper Worth Valley to raid mill-ponds for drinking water. In response to the flooding, and as part of their endeavour to improve the water supply in Keighley and its environs, the
Keighley Waterworks Extension and Improvement Act 1869 (
32 & 33 Vict. c. cxxix) was passed to allow the Keighley Local Board of Health to build: So although the reservoir would dam the River Worth, it would be located over the county boundary in Lancashire, a situation that still exists today, with the reservoir in the
Borough of Pendle, but with a
Bradford (BD)
postcode. The reservoir needed to be quite elevated in comparison to the town of Keighley, so that the water pressure would be sufficient to pump water to the uppermost areas of the town and adjoining localities. The name, which is recorded both as Watersheddles and Water Sheddles, is thought to have derived from
Middle English meaning "the parting of the waters". The name is borrowed from a nearby boundary stone on the road between
Stanbury and
Laneshaw Bridge. Although the contract for the building of the reservoir was awarded to Walker and Taylor of
Crewe in June 1870, the reservoir was not started until August 1871, with full use and final flooding in 1877. A deal was agreed with the mill owners along the River Worth that guaranteed a ready-supply of water; every morning and every evening, the sluices were opened to allow a regulated flow of water down the valley to enable the mills to restock their ponds.
Keighley Corporation Waterworks operated the reservoir until 1959, when it was folded into the newly created
Craven Water Board (CWB). The CWB, itself, was subsumed into
Yorkshire Water in 1974. Whilst Yorkshire Water own the reservoir, unlike other reservoirs nearby that are in West Yorkshire, they do not own the surrounding land which drains into Watersheddles. Due to its location and the surrounding topography, the overflow channel is very steep (1 in 2.5) and the length of spillway is long, with the width being . The dam height is and the dam wall stretches for . The reservoir is located some west of
Stanbury and at an elevation of . It has a maximum depth of , an average depth of and has a catchment area of . ==Hydrometry==